Deals

Perth-based Prospect Resources is using $6.5 million raised from a share placement to buy a further stake in its flagship lithium project in Zimbabwe.

Strike Energy has entered a trading halt ahead of a planned capital raising to progress its West Erregulla joint development in the Perth Basin.

Tanzanian-focused Walkabout Resources has secured $US20 million in debt funding to complete the construction of its flagship graphite asset.

Commonwealth Bank has been named official partner of the national women's football team under a new deal with Football Australia.

IGO has agreed to sell its 30 per cent stake in the Tropicana goldmine to Regis Resources, which is paying $903 million in cash for the WA asset.

Global fund manager Blackstone has changed a condition of its proposed purchase of Crown Resorts, as two royal commissions threaten to strip licences from the gaming group.

The sale of IGO's 30 per cent stake in the Tropicana gold mine appears close to being completed, with Regis Resources tipped as the successful bidder after Gold Road Resources said its offer had not been accepted.

Canadian engineering giant Stantec has announced its fifth Australian acquisition in recent years with the purchase of Perth-based Engenium.

Australian civil contractor Dowsing Group is set to double its turnover following the acquisition of two civil services businesses and an expansion into New South Wales.

The GO2 People has continued its acquisition strategy with a second 2021 deal, reaching an agreement to purchase Western Australia-based Skill Hire Australia.

James Packer will consider selling his 37 per cent stake in embattled Crown Resorts after US investment fund Blackstone last month made an unsolicited $8 billion offer for the gaming giant.

Rox Resources is planning to demerge two nickel assets into a new listed entity to focus on the development of its flagship Youanmi gold project near Mt Magnet.

One of Australia's oldest energy providers, AGL, wants to split its business in two as it comes under increasing pressure to move to clean energy.

Strandline Resources will ramp-up construction of its $260 million Coburn mineral sands project in WA using funds raised from a share placement and rights issue.

REA Group has proposed a $244 million purchase of the Mortgage Choice broking business.

Australia's second oldest family business, Lionel Samson Sadleirs, has sold its Plantagenet Wine business to Tom Wisdom, a sixth-generation descendant of founder Lionel Samson.

Cranecorp and Tutt Bryant are forming a joint venture to provide clients access to a larger supply of cranes, heavy and lifting and transportation equipment.

Australian Strategic Materials has secured $65 million from investors while announcing plans to raise a further $41 million to build a rare earths processing facility in South Korea.

Mincor Resources has secured $55 million in funding from two banks to progress the restart of its Kambalda nickel operations, expected early next year.

Gaming giant Crown Resorts is being targeted for a takeover after US investment fund Blackstone made an unsolicited offer.

Subiaco-based Vital Metals will use $43 million raised from a share placement to complete the construction of its rare earths project in Canada.

Apollo Consolidated is selling its entire royalty over a goldmine in Cote d'Ivoire to fund further exploration at the company's Lake Rebecca project in WA.

Northern Star Resources is purchasing a gold project near its Carosue Dam operations from KalNorth Gold Mines.

Subiaco-based Paladin Energy is using funds secured from a placement and fully underwritten rights issue to progress the restart of its uranium operations in Namibia.

Red 5 says its King of the Hills project in WA is now fully funded, after the goldminer secured $235 million in debt and equity financing.

Local business Nickel X is planning to raise $5 million from an IPO, which will be used to explore its Western Australian projects.

Australian-Singaporean water and wastewater treatment company De.mem is paying $5.1 million to acquire a chemicals supplier in Perth.

Facebook has struck content deals with Australia's two largest media companies, News Corp and Nine Entertainment, following the recent introduction of bargaining laws.

Perth-based Jindalee Resources has secured $9 million from investors to fund the development of its lithium, gold and nickel projects.

Lithium miner Pilbara Minerals will use a $US15 million prepayment from one of its offtake partners to fund plant improvements at its Pilgangoora operations.

Mining major Rio Tinto has agreed to another copper farm-in deal, this time with Agrimin's private exploration subsidiary.

Horizon Gold has secured $5 million in funding from its major shareholder to progress a drilling program at the company's Gum Creek project in the Mid West.